The South African Reserve Bank says a failing security feature on some Mandela bank notes is "nothing strange".
The Emerge Queue Qmatic CFM solution utilises a Client Service Champion and ticketing system on arrival at a bank.
For financial institutions to keep too much cash-on-hand is extremely costly.
The restructuring of Standard Bank's IT operations will see 62 employees reappointed in the department.
NSFAS fintech partners to challenge contract cancellations
In this week's tech news roundup, Fintech partners contracted to disburse monthly allowances to NSFAS-funded tertiary students have challenged the allegations levelled against them, saying they are considering legal action. eZaga and Tenet Technology have denied the allegations made against them and claim to not have received the full report in which these were made Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb. #newsvideo #sita #nsfas https://www.itweb.co.za/content/DZQ58MV8yPAvzXy2 https://www.itweb.co.za/content/rxP3jqBEax8MA2ye https://www.itweb.co.za/content/xnklOvz1dnYq4Ymz https://www.itweb.co.za/content/dgp45vaBPVJ7X9l8 https://www.itweb.co.za/content/P3gQ2qGAPrg7nRD1
Cyber criminals target consumers with vulnerable mobile devices, says the South African Banking Risk information Centre.
The financial institution denies reports it will retrench 148 people in its IT department.
Seven more syndicate members are set to go on trial in October, after collusion led to theft of R77 million.
Huawei Cloud drives African FinTech innovation
Mark Wang, Solution Architect at Huawei Cloud Southern Africa, spoke to ITWeb about Huawei being a strategic partner in the banking sector. He also addressed challenges for banks in SA and potential growth in the payment ecosystem for customers. #huaweicloud #fintech #digitalbanking
The financial institution will roll out paperless banking to its branches in major shopping centres across the country.
Peering will allow FNB to access quality online content and share network capacity locally and internationally, says the bank.
Its technology is not being used to illegally repossess cars, says Business Against Crime SA.
Although mobile banking apps abound, there is still a gap between cash and electronic funds, says wiGroup.
The low-cost banking solution was introduced by MTN in partnership with The South African Bank of Athens.